Zebra: Q2 Earnings Snapshot
By AP News
Published - Jul 30, 2024, 06:38 AM ET
Last Updated - Jul 30, 2024, 06:38 AM EDT
LINCOLNSHIRE, Ill. (AP) — LINCOLNSHIRE, Ill. (AP) — Zebra Technologies Corp. (ZBRA) on Tuesday reported second-quarter earnings of $113 million.
The Lincolnshire, Illinois-based company said it had net income of $2.17 per share. Earnings, adjusted for one-time gains and costs, came to $3.18 per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.82 per share.
The producer of printers for bar codes, plastic cards and, radio-frequency identification tags posted revenue of $1.22 billion in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $1.17 billion.
